New Delhi, May 15 (IANS) As petrol and diesel prices were raised by Rs 3 per litre on Friday, experts said that the fuel price hike could accelerate investment in renewable energy and diversified supply chains. Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings, said the hike could push inflation higher by raising transportation and production costs, translating to higher prices for essential goods.”Oil-importing nations may face decelerated growth, weaker industrial output, and reduce…
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New Delhi, March 18 (IANS) Zero customs duty on import of goods for nuclear power projects will accelerate development, lower overall project and per‑unit electricity costs and improve viability for projects with high import content, the government said on Wednesday.The exemption on nuclear fuels and reactor components up to the year 2035 will reduce project and electricity generation costs, thereby improving the economic viability of nuclear power projects, MoS, Atomic Energy and Space, Dr. J…
New Delhi, March 11 (IANS) The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025 is a structural step toward strengthening India’s nuclear power ecosystem which will improve project execution, a report said on Wednesday.Infomerics Ratings described the bill as “structural long-term positive” for the Indian power sector for addressing long-standing deterrents to nuclear capacity addition, particularly liability and participation constraints.The …